Approval under section 10(23G) granted to Vemagiri Power Generation, subject to compliance and commencement conditions.
Approval under section 10(23G) of the Income-tax Act, 1961 is granted to M/s Vemagiri Power Generation Ltd for specified assessment years for its 520 MW gas-based power project, subject to compliance with section 10(23G) and rule 2E. The approval is conditional and withdrawable if the undertaking ceases to carry on an infrastructure facility, fails to maintain audited books and furnish the audit report as required by sub rule (7) of rule 2E, or fails to begin generating power by the prescribed deadline.

Corrigendum to tax notification corrects approved enterprise and project name for housing development project registered under income tax approval.
Correction to an income tax notification amends the approved enterprise and project particulars under the authority of clause (23G) of section 10 of the Income tax Act, 1961. The corrigendum substitutes the enterprise name to M/s Bengal Peerless Housing Development Company Ltd. and corrects the project description to Development of Anupama Building Complex Phase II on VIP Road, Calcutta, thereby updating paragraph 3 of the earlier notification record.

Tax exemption under section 10(23G) granted to an enterprise, subject to compliance, books maintenance, and audit reporting requirements.
Approval is granted to M/s HFCL Infotel Ltd under section 10(23G) read with rule 2E for the notified assessment years, conditional on compliance with statutory provisions, maintenance of books of account, audit by an accountant and furnishing the prescribed audit report; the Central Government may withdraw approval if the undertaking ceases to carry on an infrastructure facility or fails to comply with the audit and reporting requirements.

Customs exemption amendment updates qualifying description of printing machines, adding a minimum speed threshold for eligibility under the notification.
The notification substitutes the column (3) entry against S. No. 267A in Notification No. 21/2002-Customs with a precise description identifying high speed cold set web offset rotary double width four plate wide printing machines and prescribing a minimum speed threshold as the qualifying characteristic for that entry.

Market economy country status may rely on a World Trade Organisation Member's publicly documented anti-dumping evaluation.
The designated authority may treat a country as a market economy country where a World Trade Organisation Member has publicly determined it to be a market economy for anti-dumping investigations after a latest detailed evaluation of relevant criteria. This power applies notwithstanding the existing assessment provision and takes effect upon publication in the Official Gazette.

Customs notification amendment adds specified duty liability for an imported autoconer by a named mill.
Under section 28A of the Customs Act, 1962, Notification No. 100/2003 Customs (N.T.) dated 10 November 2003 amends the Annexure to Notification No. 12/99 Customs (NT) by inserting, after S. No. 14, a new serial entry identifying M/s. Indian Rayon & Industries Ltd., the import of one autoconer, and the differential duty payable for that import.

Research institution approval under section 35(1)(iii) conditions include separate research accounts and annual audited reporting.
Approval is granted to M/s Indira Gandhi National Centre for the Arts, C.V. Mess as an Institution under clause (iii) of section 35(1) of the Income-tax Act, subject to maintaining separate books for research, filing an annual return of scientific research activities with the Secretary, Department of Scientific & Industrial Research by 31 May, and submitting audited accounts and audited income-and-expenditure accounts for research to designated tax and research authorities by 31 October, alongside the income tax return; renewal applications must be filed in triplicate through the tax exemptions office and to the Secretary, DSIR.

Research tax exemption approval requires separate research accounts, annual scientific returns and audited research accounts submitted by October.
Approval of Kidwai Memorial Institute of Oncology as an Institution for research-related deduction is conditional on maintaining separate research accounts, filing an annual scientific return to the Secretary, Department of Scientific & Industrial Research by 31 May, and submitting audited annual accounts and audited Income & Expenditure Account for research activities to the Director General of Income Tax (Exemptions), the Secretary, DSIR, and the Commissioner/Director of Income Tax (Exemptions) by 31 October each year, alongside the income-tax return; renewal applications must be filed in triplicate and copies sent to the Secretary, DSIR.

Approval for research institution tax exemption requires separate accounts, annual returns and audited submissions to designated authorities.
Approval as an Institution under clause (ii) of sub section (1) of section 35 confers research-related tax benefits provided the organisation maintains separate research accounts, files an annual scientific research return to the Secretary, Department of Scientific & Industrial Research by 31 May, and submits audited annual accounts and audited income & expenditure accounts for the research activities to the designated tax and DSIR authorities by 31 October, alongside the income tax return.

Research exemption approval requires separate research accounts, annual DSIR return by May and audited research accounts filed by October.
M/s Dr. Reddy's Research Foundation is approved under clause (ii) of sub section (1) of section 35 read with Rule 6 as an Institution for 1.4.2001-31.3.2004, subject to maintaining separate books for research; furnishing an annual scientific research return to the Secretary, DSIR by 31 May; and submitting audited annual accounts and an audited Income & Expenditure Account for research activities to the DGIT (Exemptions), the Secretary, DSIR, and the Commissioner/Director (Exemptions) by 31 October each year, besides filing the income tax return to the designated assessing officer. Renewal applications must be made in triplicate through the Commissioner/Director and three copies sent to the Secretary, DSIR.

Anti-dumping duty on plastic ophthalmic lenses amended to revise country and producer specific provisional measures and rates.
Amendment substitutes the original notification table by incorporating a corrigendum that revises the schedule to specify tariff heading, description of plastic ophthalmic lenses, country of origin and export, named producers and exporters, and producer and country specific provisional anti dumping duty amounts per unit, thereby refining the scope and application of provisional measures imposed under the Customs Tariff rules.

Appointment of Adjudicating Authority: Commissioner of Customs designated to adjudicate Show Cause Notice against Bata India Limited.
The Central Board of Excise and Customs, exercising powers under the Customs Act, appoints the Commissioner of Customs, Kolkata (Airport), to act as Commissioner of Customs, Kolkata (Port), Commissioner of Customs, Chennai (Airport and Air Cargo) and Commissioner of Customs, Bangalore, for the purpose of adjudicating matters relating to the Show Cause Notice issued to M/s. Bata India Limited under F. No. 75/KOL/APP/2003 dated 7th July, 2003 by the Assistant Director, Directorate of Revenue Intelligence, Kolkata Zone Unit.

Designation of Adjudicating Authority updated to Commissioner of Customs (Import and General) for show cause notices at IGI Airport.
The Central Board of Excise and Customs, under sub-section (1) of section 4 of the Customs Act, 1962, amends a prior notification to substitute the designation "Commissioner of Customs, Air Cargo Complex, IGI Airport, New Delhi" with "Commissioner of Customs (Import and General), New Custom House, IGI Airport, New Delhi" as the proper officer responsible for adjudicating show cause proceedings related to M/s. Bata India Limited.

Appointment of Adjudicating Authorities to adjudicate Show Cause Notice against Adani Exports under the Customs Act.
The CBEC, under the Customs Act, 1962, appoints the Commissioner of Customs, Kandla, to act as Commissioner of Customs (Export Promotion), Mumbai, and as Commissioner of Customs, Mangalore and Ahmedabad, for adjudicating the Show Cause Notice issued to M/s. Adani Exports Limited and others by the Directorate of Revenue Intelligence, delegating adjudicatory responsibility to those commissioners.

Renewal of recognition under Securities Contracts (Regulation) Act granted subject to compliance with SEBI inspection recommendations.
Renewal of recognition under the Securities Contracts (Regulation) Act was granted to Cochin Stock Exchange Association Limited for one year commencing 8th November 2003 and ending 7th November 2004, exercisable under section 4 of the Act in respect of contracts in securities. The renewal is conditional on the Exchange complying with all suggestions in Part I and Part II of SEBI's September 2003 inspection report, as communicated by SEBI's letter dated October 28, 2003, and on any further conditions that may be prescribed or imposed.

Customs designation of ICD/LCS: Ankleshwar authorised for unloading imported goods and loading export goods under notification.
The Central Board of Excise and Customs amends Notification No.12/97-CUSTOMS (N.T.) to insert Ankleshwar in the Table for Gujarat, authorising Ankleshwar for the unloading of imported goods and the loading of export goods, under the statutory powers conferred by clause (aa) of sub section (1) of section 7 of the Customs Act, 1962, as an addition to the list of authorised ICDs/LCS/ports.

Courier clearance eligibility expands to include authorised couriers, while a definition-related sub-clause is omitted from the regulations.
Courier Imports and Exports (Clearance) Regulations, 1998 are amended by omitting sub-clause (v) from regulation 2(2)(d). Regulation 5(1)(a) is also revised to include an Authorised Courier alongside an on-board courier for appointment eligibility. The amendments take effect upon publication in the Official Gazette.

Approval under section 10(23G) grants tax-exemption to Reliance Infocom's telecom projects, subject to compliance and commencement conditions.
Approval is granted to M/s Reliance Infocom Ltd under section 10(23G) read with rule 2E, subject to compliance with statutory provisions; approval may cease if the enterprise stops carrying on the infrastructure facility, fails to maintain and audit books of account as required by sub rule (7) of rule 2E, or fails to furnish the required audit report. The approval covers Basic Telephone Services across specified telecom circles and international long distance services as per agreements and is conditioned on commencement of services by the prescribed date under Section 80IA(4)(ii).

Excise exemption option requirement: manufacturers must opt in writing before first clearance and notify jurisdictional officers.
Exemptions are made subject to an option in writing exercised before first clearance, effective from that date and not withdrawable for the remainder of the financial year. The manufacturer must inform in writing the jurisdictional Deputy Commissioner or Assistant Commissioner of Central Excise, with a copy to the Superintendent, specifying name and address, factory location(s), inputs used, specified goods produced and the date the option was exercised; for the current year the option may be submitted on or before the notified cutoff.

Tax exemption notification: Children's Film Society recognised if income is applied to its objects, investments are restricted, and returns filed.
The Central Government notifies the Children's Film Society, New Delhi for tax exemption under the charitable-institution provision, conditional on applying or accumulating income solely for its objects; limiting investments and deposits to permitted modes (except certain voluntary contributions in kind); treating business income as exempt only when incidental and separately accounted; filing regular income-tax returns; and transferring surplus and assets on dissolution to a similarly purposed charitable organisation.